Should Investors Be Buying Aareal Bank (ETR:ARL) Shares? Warburg Research Has Just Upgraded The Stock


Aareal Bank (ETR:ARL) Stock Upgrade

Warburg Research has increased shares of Aareal Bank (ETR:ARL) to a respectable Buy rating in analysts report released today, and has set a 12 month TP of EUR 41.90, which is 40.37% from ARL’s share price currently.

From a total of 10 analysts covering Aareal Bank (ETR:ARL) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is €46 while the lowest target price is €30. The mean of all analyst targets is €40.19 with a 34.91% above today’s (€29.79) stock price. Aareal Bank was the topic of 28 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Equinet upgraded shares on December 8 to “Buy” rating. Commerzbank upgraded shares to “Buy” rating and €41 target share price in a report from a November 18. Berenberg downgraded ARL stock in a recent report from November 28 to “Sell” rating. HSBC upgraded the rating on November 13. HSBC has a “Buy” rating and a €44 price target on shares. Finally, Warburg Research upgraded the stock to “Buy” rating in a report issued on a November 26.

The stock increased 2.20% or EUR 0.64 on December 9, striking EUR 29.79. Approximately 639,257 shares of stock traded hands or 72.80% up from the average. Aareal Bank AG (ETR:ARL) has declined 4.62% since May 7, 2015 and is downtrending. It has underperformed by 3.82% the S&P500.

 Should Investors Be Buying Aareal Bank (ETR:ARL) Shares? Warburg Research Has Just Upgraded The Stock

The overall sentiment of institutions has increased to 0.4 in Q2 2015. Its up 0.11, from 0.29 in 2015Q2. The ratio is positive, as 3 institutions have sold all the shares of Aareal Bank AG that they owned while 2 funds have taken shares off the table. 1 funds have purchased shares for the first time while 1 added to their positions. These institutions now hold 65,673 shares or 14.07% less than the 76,425 shares they owned in 2015Q2.

The Fund Axa currently is holding shares equating to 0% of its total portfolio in Aareal Bank AG representing a total of 319 shares. Another fund,Blackrock Advisors Llc, is holding a total of 1,631 shares equating to 0% of their holdings. Additionally, Blackrock Institutional Trust Company N.A. has a 37,881 share stake in Aareal Bank AG which represents 0% of their total portfolio. The Fund, Blackrock Investment Management Llc, based out of New Jersey, has also built up a stake in the stock, which represents a total of 0% of their total portfolio. Finally Morgan Stanley, a fund which is based in the state of New York reported a total holdings of 174 shares.

Aareal Bank AG is a Germany-based real estate bank. The company has a market cap of 1.88 billion EUR. It provides finance, advisory and other services to commercial property and institutional housing sectors. It has 5.27 P/E ratio. It’s activities are divided into two core business divisions: Structured Property Financing and Consulting/Services.

According to Zacks Investment Research, “American Realty Investors, Inc. is engaged in investing in equity interests in real estate, leases, joint venture development projects and partnerships and, to a lesser extent, financing real estate and real estate activities through investments in mortgage loans, including first, wraparound and junior mortgage loans.” Get a free copy of the Zacks research report on Aareal Bank AG (ARL).